YEARLY HIGH
0.0426 TRY
YEARLY LOW
0.0338 TRY
YEARLY AVERAGE
0.0372 TRY

2017 CVE to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.0426. Conversely, the yearly low was recorded on January 1, dropping to 0.0338.

This high-to-low spread represents a total annual volatility of 0.0088 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0360 to the December average rate of 0.0411, the exchange rate registered a net change of 14.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0426 was up 23.96% compared to the 2016 peak of 0.0344, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 213 TRY
2016 Average 152 TRY
Yearly Trough Low 169 TRY
Transaction Impact: A difference of 44.24 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0419
0.0346
JanuMarcMayJulySeptNove

CVE to TRY Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0356, compared to 0.0389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0356
H2 Avg (Jul–Dec) 0.0389

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0036 TRY (High: 0.0374 / Low: 0.0338). On the other end, April was the most stable month, with a tight range of 0.0009 TRY (High: 0.0358 / Low: 0.0349).

January Spread (Volatile) ±0.0036
April Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0413) against the same month in 2016 (average: 0.0322), the exchange rate shifted by +0.0090 (+28.05%).

2017 Avg (November) 0.0413
2016 Avg (November) 0.0322

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0374 0.0338 0.0360
February 0.0367 0.0341 0.0352
March 0.0362 0.0348 0.0355
April 0.0358 0.0349 0.0353
May 0.0363 0.0348 0.0356
June 0.0364 0.0354 0.0357
July 0.0377 0.0364 0.0371
August 0.0381 0.0367 0.0375
September 0.0381 0.0367 0.0374
October 0.0407 0.0380 0.0391
November 0.0426 0.0401 0.0413
December 0.0423 0.0405 0.0411